Aimco Pesticides Ltd Share Price Agro Chemicals
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Aimco Pesticides Ltd, promoted by P P Dave and J P Dave in Aug 1987 is engaged in manufacturing and trading in Pesticides and Insecticides. For manufacturing Chlorpyriphos(CPP) technical grade the company set up a plant with 900 tpa capacity with 100% indigenous technology and machinery part funded by the proceeds from the public issue made in Dec 1992. This plant is flexible for switchover to other pesticides like DDVP and Glyphosate with minor modifications. This plant went on stream in Oct 1993 after innumerable delays. Further the company also has a 130 tpa plant to manufacture hydroquinone, an input substitute photographic chemicals. APL amalgamated Savitri Pesticidees & Agrochem Ltd with itself and merged Vayaz Indian Pesticides Private Ltd with itself effective on April 1, 1995. Savitri Pesticides & Agrochem had earlier taken over teh running buisness of M/s All India Medical Corp, a partnership firm, effective from April 1, 1994. The company which caters both domestic and export market is continuously introducing new formulation in both these markets. For domestic maket it introduced new products like Chlorpyriphos 10% Granules, Chorpyriphos 1.5 % dust and Twister(a combination of Chlorpyriphos & Cypermethrin). Aimco introduced a new Fungicide and a Herbicide for export market in FY200-01. The company has also started production of Imidacloprid(worlds largest selling latest generation insecticide) and the same was launched in India in FY 2002-03. The Company has obtained ISO-9002 certification for the Lote-Parshuram site & Mumbai Office. The Company also expects to get the Environment Managaement System (ISO-14000). The Company has introduced 5-S and Kaizen Quality Systems at Lote-Parshuram Plant.